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20121108
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with john boehner and republicans and mitch mcconnell in the senate to try to, you know, tackle a few big things. i think one of the things my, the other guest said, which is just fallacious and wrong and shouldn't be repeated is that the idea that the raising rates on people over $250,000 is going to hit a majority of small business owners. >> simon, y a small business. you're a policy wonk. >> you keep saying it doesn't make it true. 97% of small business owners will be exempt from it. >> you have no clue. >> i'm going to finish. the i'm going to finish. under bill clinton we raised taxes on rich people. saw the biggest economic boom in american history. under george bush we lowered taxes on rich people go into economic ruin. >> this is problem with people with no connection. >> i'm going to i'm going to finish i'm going to finish. so there is not, based on our own experience a direct connection between raising rates and on wealthy people and economy going, going down. in fact the opposite happened. and so you can keep saying it doesn't make it true. rick: go ahead, pete. >> simon you h
across-the-board tax hikes and spending cuts that could trigger a recession. mitch mcconnell dozen by the president's claim that voters endorse a tax increase to do that. >> while voters have given him a second term, they have also given those of us in congress the power and the duty to ensure that he uses that wisely. and that is, of course, what we intend to do. reporter: republicans are suggesting tax reform, but there may not be time for that to happen before the end of your. jenna: the news conference is happening little bit over an hour from now. wendell, thank you very much. jon: fox can now confirm that general david petraeus from the former director of the cia, has agreed to testify to congress on the benghazi terror attacks. what will he say now that he is no longer in charge at the spy agency? plus, no doubt you have heard us talk about the fiscal cliff. what happens if the president and the congress strike out when they try to strike a deal? "the wall street journal"'s david russell joins us. >> how will this all end? will it take for them to just talk about the deficit
Search Results 0 to 3 of about 4 (some duplicates have been removed)